About Davik Research Private Limited
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Davik Research Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72100OR2019PTC030240. Its GSTIN is 21AAHCD0405E1ZJ (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Davik Food and Beverages Private Limited. It is led by directors Sanjeev Kumar Raghav and Bhawna Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tower No./Flat No. – T8/131 Raghunathpur Patia, Bhubaneswar, Odisha, India – 754005.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.79 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -32.7%) and EBITDA of -₹1.54 Lakh (EBITDA margin -40.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website davik.in.
- EmailLocked
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- WebsiteLocked
- Social Media
- Registered AddressTower No./Flat No. – T8/131 Raghunathpur Patia, Bhubaneswar, Odisha, India – 754005
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Davik Research Private Limited
The main business activity of Davik Research is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Davik Research Private Limited FY 2025 filings available
Davik Research Private Limited reported revenue of ₹3.79 Lakh (down 83% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Davik Research Private Limited
Revenue fell 83% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 393% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Davik Research Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.24 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Davik Research Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Davik Research are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Davik Research Private Limited
Davik Research Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oxy Blue Technologies Private Limited | ₹4.08 Lakh (FY 2024) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Dadu Agro (India) Private Limited | ₹4.03 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Tashvika India Food Private Limited | ₹4 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Prayora Foods & Beverages Private Limited | ₹3.99 Lakh (FY 2025) | •••• | •••• | 322.0% | •••• | Indore, Madhya Pradesh, India |
| Marvel Beverages Private Limited | ₹3.83 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Medak, Telangana, India |
| Davik Research Private Limited this company | ₹3.79 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | Bhubaneswar, Odisha, India |
| Kam Oasis Beverages & Food Products Private Limited | ₹3.77 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Gwalior, Madhya Pradesh, India |
| Plunge Aqua Private Limited | ₹3.77 Lakh (FY 2018) | •••• | •••• | 71.0% | •••• | Pune, Maharashtra, India |
| Indrabha Agro Private Limited | ₹3.6 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Raebareli, Uttar Pradesh, India |
| Arvsons Beverages and Food Private Limited | ₹3.54 Lakh (FY 2020) | •••• | •••• | -95.0% | •••• | Agra, Uttar Pradesh, India |
| Sakthi Soft Drinks Private Limited | ₹3.46 Lakh (FY 2024) | •••• | •••• | 518.0% | •••• | Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Davik Research by revenue in the Food and Beverages industry (Non Alcoholic Beverages), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Davik Research Private Limited
Davik Research has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar Raghav | Director | 15 May 2024 | 2 Years 4 Months | Current |
| Bhawna Gupta Also directs: Biglens Biotech Private Limited | Director | 11 Jan 2019 | 7 Years 9 Months | Current |
Charges & Borrowings of Davik Research Private Limited
Davik Research Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Davik Research Private Limited
Employment history and EPFO contributions of people linked to Davik Research.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Davik Research Private Limited
Davik Research has one previous CIN (Corporate Identification Number): U15549OR2019PTC030240. The current CIN is U72100OR2019PTC030240, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100OR2019PTC030240 | Current |
| U15549OR2019PTC030240 | Previous |
Recent Activity on Davik Research Private Limited
Davik Research Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Sanjeev Kumar Raghav was appointed as Director on 15 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Davik Research Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Davik Research Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Davik Research Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Davik Research Private Limited
Davik Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCD0405E1ZJ | Odisha | Active | 03 Feb 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Davik Research Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Davik Research Private Limited
Davik Research is an active private limited company based in Bhubaneswar, Odisha, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 11 January 2019 (7+ years old) and is registered under CIN U72100OR2019PTC030240.
Davik Research reported revenue of ₹3.79 Lakh for FY 2024 (down 83% YoY).
Davik Research has 2 current directors:
- Sanjeev Kumar Raghav - Director
- Bhawna Gupta - Director
Davik Research reported a net loss of ₹1.24 Lakh (net margin -32.7%) and EBITDA of -₹1.54 Lakh (EBITDA margin -40.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Davik Research is 8% over three years. In the latest year (FY 2024) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Davik Research is 21AAHCD0405E1ZJ, registered in Odisha.
The CIN (Corporate Identification Number) of Davik Research is U72100OR2019PTC030240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Davik Research was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Davik Research by revenue are Oxy Blue Technologies Private Limited, Dadu Agro (India) Private Limited, Tashvika India Food Private Limited, Prayora Foods & Beverages Private Limited, Marvel Beverages Private Limited and 5 more, all in the Food and Beverages industry (Non Alcoholic Beverages).
Sanjeev Kumar Raghav was appointed as Director on 15 May 2024. Sunil Kumar Raghav ceased to be Additional Director on 30 Sep 2020. Anand Prakash ceased to be Director on 05 Aug 2020. Davik Research has 4 board changes on record in total.
Yes, Davik Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).